Tennant Creek, 0860 ranked 53th in NT when comparing growth in median property values or capital gain over the last 12 months. Tennant Creek is one of 124 in our list for NT
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tennant Creek has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Tennant Creek is offering property investors an average of -8.15. This rate of discount on properties puts Suburb at number 5th in terms of most discounted suburbs in NT
Advertised rents are around the $410 mark per week – giving a return of 13.98% based on the median price in Suburb